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NHA gets Rs9.4bn sales tax liability
LAHORE: The Punjab Revenue Authority (PRA) has imposed tax liability worth Rs9.491billion on the National Highways Authority (NHA) with Rs 8.131bn in one case and Rs 1.360b in other case of default of non withholding of Punjab Sales Tax on Services Act 2012. According to a press release, the NHA failed to comply with the […]
LAHORE: The Punjab Revenue Authority (PRA) has imposed tax liability worth Rs9.491billion on the National Highways Authority (NHA) with Rs 8.131bn in one case and Rs 1.360b in other case of default of non withholding of Punjab Sales Tax on Services Act 2012.
According to a press release, the NHA failed to comply with the withholding rules of PRA on construction, contractual execution of works and repair and maintenance services. The authority has calculated amount from the period between July 2013 and March 2017 against the taxable services hired by NHA during the period.
The NHA can avail a right of appeal in the office of Commissioner Appeals PRA. In case the authority does not move for appeal, the outstanding amount mentioned above shall be treated as final and recovery proceedings will be initiated.
Published in Daily Times, January 26th 2018.
